NOT LISTED FOR SALE

1410 Wilson Ave Lincoln Park, MI 48146

Estimated Value: $203,766 - $212,000

5 Beds
2 Baths
1,737 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $139,000 $80 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,523/month

69 Days on Market

Highlights

  • Covered Patio or Porch
  • Awning
  • Garage
  • Bungalow
  • Forced Air Heating System
  • 5-minute walk to VFW Park

About This Home

As of February 2021

THIS IS A VERY GOOD INVESTMENT FOR YOUR MONEY. YOU CAN LIVE IN ONE AND RENT THE OTHER, OR MAYBE RENT BOTH. THIS BEAUTIFUL TWO UNIT IS VERY CLEAN AND UPDATED. THE DOWNSTAIRS APARTMENT IS IN MOVE IN CONDITION. THERE IS A TENANT IN THE UPPER UNIT. THIS HOME HAS A FIRE PLACE IN THE DOWNSTAIRS UNIT (CANNOT BE OPERATED). THIS ALSO HAS A SUNROOM, 2 HOTWATER TANKS, TWO FURNACES AND ELECTRICAL METER AND GAS METER. ALL UTILITIES ARE PAID BY THE TENANTS EXCEPT FOR WATER. ATTACHED TWO CAR GARAGE WITH A NEW GARAGE DOOR, NEW WINDOW IN ONE BEDROOM AND KITCHEN. BEDROOMS AND LIVING ROOM ARE CARPETED. SLATE FLOOR IN THE DINING ROOM KITCHEN AND BATHROOM. THIS HOME IS ALSO SECTION 8 APPROVED. LET THE TENANT PAY YOUR MORTGAGE. DON'T MISS OUT ON THIS OPPORTUNITY TO INVEST. LOWER UNIT IS VACANT AND UPSTAIRS HAS A EXCELLENT TENANT. 24 HOUR NOTICE REQUIRED TO SHOW. IF THE TENANT DECIDES TO STAY ALL RENT WILL GE PRORATED AND DEPOSIT TRANSFERED TO THE NEW PURCHASER

Last Agent to Sell the Property

Lakshmi Subbiah

Real Estate One-Southgate License #6501248835 Listed on: 11/02/2020

Real Estate One-Southgate

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70.00x115.00
  • Fenced

Parking

  • Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,737 Sq Ft Home
  • 1.5-Story Property
  • Awning
  • Unfinished Basement
  • Walk-Out Basement
  • Carbon Monoxide Detectors

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 45007020201000

Community Details

Overview

  • 2 Units
  • Marion Manor Sub Subdivision

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,636

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1926
  • State Equalized Value: 54000.0000
  • Pets Allowed: Breed Restrictions | Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access
  • Total Sq Ft: 1737

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Awning/Overhang(s), Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer-Sanitary
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 731578.9474
  • Lot Size Area: 0.19
  • Lot Dimensions: 70.00X115.00
  • Parcel Number: 45007020201000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Garbage Pickup, Water/Sewer
  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 2252.0000
  • Tax Amount Winter: 384.0000
  • Total Tax: 2636.0000
  • Taxable Value: 36312.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Feb 26, 2021
Sold by
James Gerald R and James Theresa A
Bought by
Hamilton Rodrick D
Seller's Agent
Lakshmi Subbiah
Real Estate One-Southgate
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$139,000
Sold Price
$139,000
Current Estimated Value
$206,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,942
Avg. Annual Appreciation
8.90%

Purchase Details

Listed on
Nov 2, 2020
Closed on
Jan 18, 2021
Sold by
1410 Wilson Llc
Bought by
James Gerald R and James Theresa A
Seller's Agent
Lakshmi Subbiah
Real Estate One-Southgate
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$139,000
Sold Price
$139,000

Purchase Details

Closed on
Feb 24, 2020
Sold by
James Gerald R and James Theresa A
Bought by
1410 Wilson Llc

Purchase Details

Closed on
Dec 28, 2001
Sold by
James Gerald R
Bought by
James Gerald R
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hamilton Rodrick D $139,000 Capital Title Ins Agcy Inc
James Gerald R -- None Available
1410 Wilson Llc -- None Available
James Gerald -- None Available
James Gerald R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $139,000 0.0% $80 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $139,000 -- $80 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,283 $126,900 $0 $0
2024 $5,283 $113,800 $0 $0
2023 $5,012 $95,700 $0 $0
2022 $5,756 $91,700 $0 $0
2021 $3,568 $83,300 $0 $0
2020 $2,643 $54,000 $0 $0
2019 $2,214 $43,500 $0 $0
2018 $2,043 $34,800 $0 $0
2017 $1,022 $34,600 $0 $0
2016 $2,444 $34,600 $0 $0
2015 $3,390 $33,900 $0 $0
2013 $3,620 $37,800 $0 $0
2012 $3,064 $38,900 $7,300 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200090186

Realcomp

APN: 45-007-02-0201-000